First, the decoration loan needs to meet the following conditions
1. Have local permanent residence and legal and valid identification;
2. Have a proper occupation and a stable income, and be able to repay the loan on time.
3. No bad credit record.
4. For newly purchased houses, materials such as house sales contracts and purchase invoices shall be provided (or materials such as house ownership certificates shall be provided if the original houses are renovated again);
5. Other conditions required by the lending bank.
If you want to apply for college students' entrepreneurial loans, applicants can choose major banks such as China Everbright Bank, Bank of Communications and Minsheng Bank to apply. When applying for college students' entrepreneurial loans, you need to provide information such as identity certificate, student ID card, ordinary passbook or bank card reconciliation list for the last 6 months.
Second, the common reasons for the rejection of decoration loans are as follows.
1. Too many inquiries about the credit report: the bank requires that the number of inquiries about the credit report of customers applying for decoration loans should not exceed 6 times in half a year and 4 times in a month in a natural year (February 1 to 1).
For example, it is 65438+February, and you apply for a decoration loan from the bank. The bank will see if your credit report has been inquired more than the standard in July-June+February. If it exceeds the standard, you need to apply for a decoration loan in 65438+ 10. At that time, the bank will look at the number of times the credit report was inquired in June-June.
2. Outstanding online loan: The bank found that you have a loan record of small loans (online loans), and many platforms are borrowing them, and the total amount is particularly large. The bank will consider whether you are robbing Peter to pay Paul. If you have poor repayment ability, you will directly reject your application for decoration loan.
3. Credit card overdue: The bank requires customers who apply for decoration loans to be overdue for no more than 6 times in one year and no more than 3 months in a row. Credit report will be submitted directly if the credit card is overdue. After receiving your loan application, the bank will check your credit report and find that the overdue times have exceeded the standard, and will reject your loan application.
4. Too much debt: When the bank approves your loan application, it will check your debt. If you have a mortgage, a car loan and a lot of money on your credit card. Combined with your income, the bank will refuse your loan application if you find that you are unable to repay.
5. Credit black account: loans or credit cards are overdue for a long time, and banks use various methods to collect debts. Finally, we assess your inability to repay, negotiate interest-free repayment of the principal, and postpone the repayment date. In this case, you become a credit black account. You can't apply for a loan in the bank for five years. After five years, the black account of credit investigation is lifted, and you can apply for a decoration loan from the bank.
6. There are economic disputes: when the bank examines your decoration loan, it finds that you have economic disputes that need to be tried by the court. Or there are a lot of unknown sources of funds, and all the funds in your bank have been controlled. In this case, your renovation loan will be rejected.
7. Partial renovation was rejected: the bank asked for partial renovation and applied for renovation loan, and the bathroom and kitchen must be completely destroyed. Some people only knocked out the kitchen floor, some people only knocked out the toilet, some people only knocked out the sink in the bathroom, and some people only knocked out the kitchen stove. Bank staff came to collect evidence and found that it did not meet the requirements. If they give feedback to the bank, the approval will be rejected.
8. House rejection: Some people have bought furniture and appliances and moved into new houses. But I'm not satisfied with the furniture and appliances now. I want to apply for a decoration loan and buy a batch of furniture and home appliances. Before lending, the bank staff found that furniture and household appliances had entered the market and did not meet the application conditions, and gave feedback to the bank, which would reject your loan application.
9. The apartment was rejected: Not all banks support the apartment to apply for renovation loans, even the same bank supports it in individual regions. Even if some banks support apartments to apply for decoration loans, there are preconditions, such as Dongguan Construction Bank, which must have residential apartments to apply for decoration loans.